The good news is that VMCs engines are built well (by Greg), so a "110 hp 1915" really should be a 110 hp engine. It matches very nicely with a stock geared transaxle.
The bad news is that it may not be the engine, but the transaxle that you find to be inadequate. A 4.12:1 final drive with stock 1-4 really only gives you 3 gears (first is so tall as to be very nearly useless for anything but a drag race or pulling another car out of the ditch). The engine will feel really, really "snappy" up to about 50 mph-- but revving down the highway, you'll find yourself wishing almost immediately for a 5th gear
.... and that's where it all starts. You can get a 4-speed which is much more usable in modern traffic, but then you need the engine to pull it. Greg understands this, which is why his 2332 is offered as a package with the longer custom-geared transaxle. I suspect that his 1915 would easily pull a stock-ratio transaxle with a 3.88:1 R/P, which might make you happier all around. You may want to discuss this as an option.
You can get a 5-speed in a few years (and believe me-- if you want one today, it'll be a few years until you actually get one). I was once told that I had spent many, many thousands of dollars building ever more powerful engines because I couldn't face up to the fact that what I really had was a transaxle problem. It was true. The transaxle problem can be overcome with brute force, but as you are finding-- it's an expensive proposition.
I'll always be the guy who thinks that "more" is more, so I'm a poor person to be answering this question. The happiest people on this site are those who have either accepted the limitations of the platform (I'm looking at you @MusbJim), or who have geared around them (*cough* @Sacto Mitch *cough*). Blunt force works (and works very well)-- but it makes the car into something else altogether. I've actually built 3 engines in a row trying to inch back just enough from the hairy-chested route and into the sweet-spot of something more civilized.
I know you "just want to cruise", but you may find yourself wanting more from the car as you fall deeper in love with it. In truth, it's happening already.
My advice and a dollar will buy you coffee at most McDonald's in the midwest, but I've always thought that everybody is entitled to my own opinion, so here it is: I'd get the 1915 and a stock ratio transaxle with a 3.88. If it's adequate, then you've saved many thousands of dollars. If it's not, you have something nice to sell.